What's Happening?
Livium has entered into a partnership with Iondrive to use deep eutectic solvent (DES) technology for recycling clean energy waste. The collaboration involves supplying waste streams from solar panels, lithium-ion batteries, and rare earth magnets to evaluate recovery pathways. Livium retains stakes in sample generation, while Iondrive owns the DES technology. The partnership aims to develop domestic processing capabilities for clean energy waste over the next 21 months.
Why It's Important?
The partnership between Livium and Iondrive represents a significant step towards sustainable waste management in the clean energy sector. Utilizing DES technology could enhance the recovery of valuable metals from waste, supporting the circular economy and reducing environmental impact. This initiative aligns with global efforts to transition to sustainable energy practices, potentially benefiting industries involved in solar and battery production. Successful implementation could position Australia as a leader in clean energy waste recycling.
What's Next?
Livium and Iondrive will negotiate binding agreements for the supply and location of processing units. The collaboration may lead to advancements in DES technology and its application in other sectors. Stakeholders in the clean energy industry will likely monitor the partnership's progress, considering its implications for waste management and resource recovery.
